Tesla reports $600M boost to net income with new bitcoin accounting.



On today’s episode of CNBC Crypto World, bitcoin receives a boost to $105,000 after the Federal Reserve keeps interest rates unchanged. Additionally, Tesla reports a $600 million jump in net income after a mark-to-market adjustment on its bitcoin holdings. Furthermore, Steven Lubka of Swan Bitcoin discusses the impact of Trump’s crypto projects on the industry.

Related posts

Walgreens suspends dividend payments for quarter amid major turnaround efforts.

UPS shares plunge on weak guidance and plans to reduce Amazon deliveries.

OpenAI to raise $40 billion at $340 billion valuation.